Zhongyuan Bank Co., Ltd. announced reference is made to the announcement of the bank dated August 30, 2022 in respect of, among others, the appointment of Mr. LIU Kai as the president of the bank. The above appointment is subject to the approval of his qualification by the China Banking and Insurance Regulatory Commission (the CBIRC) Henan Office. Unless otherwise stated, terms used herein shall have the same meanings as those defined in the Announcement.

The board announced that the bank had recently received the approval in relation to qualification of Mr. LIU Kai (Yu Yin Bao Jian Fu [2023] No. [23]) from the CBIRC Henan Office. Pursuant to the relevant approval, the qualification of Mr. LIU Kai as the President of the Bank has taken effect.

The Bank would like to welcome Mr. LIU Kai as the President of the Bank.